1. Tennessee
2. Oak Ridge
3. 369 Robertsville Rd

369 Robertsville Rd, Oak Ridge, TN 37830

• 1,425 sqft

Property Description

Welcome to 367 & 369 ROBERTSVILLE ROAD in the HEART OF OAK RIDGE, TN — Professionally renovated, income-producing duplex just minutes from Y-12, Oak Ridge National Laboratory (ORNL), and everything East Tennessee has to offer. This turnkey property presents an exceptional opportunity for investors or owner-occupants looking for strong rental income or flexible living arrangements. TWO HOMES, ONE PROPERTY This duplex features two fully separate 2-bedroom, 1-bathroom units: 367 Robertsville: Turnkey, fully furnished with furniture, bedding, appliances, bathroom and kitchen essentials. Successfully rented as a short-term and mid-term rental (Airbnb 'Superhost' and Furnished Finder) averaging $2,200-$2,500/month over the past three years. Proven rental income history with great occupancy. 369 Robertsville: Currently vacant and unfurnished. This unit has long-term rental potential of $1,395/month or more, or could mirror the furnished rental income of the adjacent unit. Together, these units generate a combined projected income of $3,895/month, supporting an estimated 11.3% cap rate and 22%+ cash-on-cash return at the $317,000 asking price with 20% down, depending on rental strategy and financing terms. Let's make a deal on this excellent investment! INTERIOR FEATURES: Both units have been thoughtfully updated and feature: Open floor plans Modern kitchens Solid surface flooring Updated bathrooms New interior doors Washer/dryers in each unit New hot water heaters Resurfaced tub and new toilet EXTERIOR & SYSTEM UPGRADES: Metal roof Vinyl siding 6-inch gutters with gutter guards Updated insulated windows Updated and repainted decks (2025) Lifetime warranty on foundation with documentation Separate HVAC, electrical, and plumbing systems for each unit (separately metered) OUTDOOR SPACE: Situated on a level, oversized semi-fenced yard with: Stone fire pit Fresh landscaping Private outdoor areas perfect for guests, tenants, or personal enjoyment FLEXIBLE USE OPTIONS: This property is ideal for: Short-term rentals Mid-term or long-term rentals House hacking (live in one unit, rent the other) Multigenerational living Potential conversion into a 4-bedroom single-family home Location Highlights: Just minutes from Y-12, ORNL, Downtown Oak Ridge, Theater, playhouse, shopping, and dining, hiking, boating, and all that East Tennessee has to offer. All information is deemed reliable but not guaranteed. Buyer to verify all information including square footage, lot size, zoning, rental history, market rents, and income potential. Previous leases and Airbnb documentation available upon request. Schedule your showing today and discover this versatile, income-generating gem in the heart of Oak Ridge!

Listing Status:

Active

Date Added:

May 30, 2025 at 05:00AM

Listing Office:

GORMAN REALTY : 865-272-5040

MLS ID:

1302770

Interior

• Appliances: RefrigeratorRangeDishwasherMicrowave
• Flooring: LaminateVinyl
• A/C: Central Air
• Heating: CentralElectric

Exterior

Construction

Location

Lot

Financial

This listing courtesy of GORMAN REALTY